Wednesday, 26 November 2014

Mcx Market Base Metals Report

Base Metals
Base metals on the LME aprt from Aluminium traded on a negative note yesterday after a surprise fall in U.S. consumer confidence. In addition, investors doubted whether additional monetary policy easing in top metals consumer China would translate into a significant increase in demand.

On the MCX, red metal prices plunged by 1.5 percent and closed at Rs.404/kg on Tuesday.
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